mycotoxin

BTC Moving inside Micro channel

BITFINEX:BTCUSD   比特幣 / 美元
430 2 6
BTC             Moving inside Micro channel
評論: could touch 7900
評論: it could be a bear trap - unless it move past 8022
評論: To be going down , BTC has to exit past 8022 . if not its a Bear trap and a fake drop
評論: two minute Graph version - if BTC hits 8110 this will makes double bottom .
So BTC can bounce up here.

評論: The two minute Graph above shows BTC has bounced off the double bottom at 8110
8175 is required to confirm the bounce upwards.
評論: this is a bear trap shake out, which can drop to 7900/7800 or worse case 7400.
One this bear trap completes BTC should shoot back up and complete the movements to the 8800 area.
The real Bull-trap happens comes after BTC hits close to around 9k and will drop BTC close to the 4k area.
評論: BTC can attempt reversal here at 7900

評論: There perfect bounce spot will be around 7460 and the reversal at 7900 should be temporary .

clear, let's hope now!
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@mycotoxin Thanks for the update! Watching the micro channel as well.
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